Schwab Shaves Prices On Fixed Income ETFs

The single basis point cuts will take effect as of July 1.

Reviewed by: Heather Bell
Edited by: Heather Bell

Charles Schwab announced today that it would be reducing expense ratios on seven of its ETFs, as well as three of its mutual funds, effective July 1, 2022.  

The affected ETFs all cover the fixed income space, and each saw its expense ratio reduced by 1 basis point. They are as follows: 

While SCHP’s expense ratio will be reduced from 0.05% to 0.04%, all the other affected funds will see their expense ratio cut from 0.04% to 0.03%. Their assets under management range from $90 million for SCHQ to $15.6 billion for SCHP.  

The changes place the Schwab ETFs among the cheapest fixed income ETFs available, with only two funds priced lower at zero basis points.  


Contact Heather Bell at [email protected] 

Heather Bell is a managing editor with Prior to joining the company, she held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and a one-time Jeopardy! champion. She resides in the Denver area with her two dogs, and enjoys hiking in the mountains and frequenting the city’s excellent bookstores.